Eastman JV to Build Acetate Tow Plant in China

10:40 AM MST | December 19, 2011 | Vincent Valk

A joint venture between Eastman Chemical and China National Tobacco Corporation today broke ground on a 30,000 m.t./year acetate two plant at Heifei, China. The plant will be in operation by the middle of 2013. It is Eastman’s first acetate tow production facility in China. “We are committed to growing our global acetate tow business and this joint venture is another demonstration of that commitment,” says Linda Hensley, v.p. and general manager/fibers at Eastman. “China plays a key role in our growth strategy and this new facility...